FTAI Infrastructure (FIP)

Company Profile

FTAI Infrastructure primarily invests in critical infrastructure with high barriers to entry across the rail, ports and terminals, and power and gas sectors that, on a combined basis, generate strong and stable cash flows with the potential for earnings growth and asset appreciation. FTAI Infrastructure is externally managed by an affiliate of Fortress Investment Group LLC, a leading, diversified global investment firm.

Company profile

Ticker

FIP

Exchange

Incorporated

Location

Fiscal year end

Industry (SIC)

Wholesale - Petroleum Bulk Stations & Terminals

Global Partners • Sprague Resources • Martin Midstream Partners ...

Former names

FTAI Infrastructure LLC

SEC CIK

0001899883

Corporate docs

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

ARM Investment LLC • Birmingham Southern Railroad Company • CFC Investment LLC • CL Lender LLC • Clean Planet Energy USA LLC • CPE Investor LLC • CPE Repauno LLC • Delaware River Partners Holdco LLC • Delaware River Partners LLC • Delray Connecting Railroad Company ...

Latest filings (excl ownership)

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FTAI Infrastructure Inc. Reports Fourth Quarter 2022 Results, Declares Dividend of $0.03 per Share of Common Stock

1 Mar 23

8-K

Results of Operations and Financial Condition

24 Jan 23

EFFECT

Notice of effectiveness

5 Dec 22

EFFECT

Notice of effectiveness

5 Dec 22

CORRESP

Correspondence with SEC

30 Nov 22

CORRESP

Correspondence with SEC

21 Nov 22

Latest ownership filings

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STATE INVESTMENT BOARD WASHINGTON

15 Feb 23

SC 13G

Fortress Investment Group LLC

Financial summary

Financial statements Chart FIP financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash	Burn method: Operating income	Burn method: FCF (opex + capex)
Cash on hand (at last report)	149.64 mm	149.64 mm	149.64 mm
Cash burn (monthly)	15.66 mm	18.90 mm	6.41 mm
Cash used (since last report)	41.83 mm	50.47 mm	17.12 mm
Cash remaining	107.81 mm	99.18 mm	132.53 mm
Runway (months of cash)	6.9	5.2	20.7

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

FIP institutional ownership history Ownership history

79.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	119	107	+11.2%
Opened positions	31	107	-71.0%
Closed positions	19	0	NEW
Increased positions	19	0	NEW
Reduced positions	34	0	NEW

13F shares	Current	Prev Q	Change
Total value	208.60 bn	168.59 mm	+123634.1%
Total shares	79.46 mm	76.95 mm	+3.3%
Total puts	67.10 k	79.50 k	-15.6%
Total calls	50.60 k	50.70 k	-0.2%
Total put/call ratio	1.3	1.6	-15.4%

Largest owners	Shares	Value	Change
Washington State Investment Board	11.79 mm	$34.77 bn	0.0%
Ares Management	6.69 mm	$0.00	0.0%
Vanguard	4.76 mm	$14.05 bn	+243.4%
MS Morgan Stanley	4.30 mm	$12.69 bn	-10.8%
Broad Bay Capital Management	4.30 mm	$12.69 bn	0.0%
Hood River Capital Management	3.26 mm	$9.61 bn	+1.5%
Long Focus Capital Management	3.21 mm	$9.47 bn	+333.7%
Rubric Capital Management	3.19 mm	$9.42 bn	0.0%
American Assets Capital Advisers	2.99 mm	$8.81 bn	+88.2%
Empyrean Capital Partners	2.74 mm	$8.09 bn	0.0%

Largest transactions	Shares	Bought/sold	Change
Vanguard	4.76 mm	+3.38 mm	+243.4%
Great Mountain Partners	851.30 k	-2.93 mm	-77.5%
Long Focus Capital Management	3.21 mm	+2.47 mm	+333.7%
BMO Bank of Montreal	0.00	-2.06 mm	EXIT
Solas Capital Management	1.75 mm	+1.75 mm	NEW
American Assets Capital Advisers	2.99 mm	+1.40 mm	+88.2%
FMR	0.00	-1.26 mm	EXIT
Cowen And	0.00	-906.95 k	EXIT
Maven Securities	25.00 k	-725.00 k	-96.7%
Cooper Creek Partners Management	2.27 mm	+696.95 k	+44.3%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

FIP insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
9 Mar 23	Joseph P. Jr. Adams	Stock Option Common Stock, par value $0.01 per share	Grant	Acquire A	No	No	2.76	1,086,957	3.00 mm	1,086,957
9 Mar 23	Kenneth J. Nicholson	Stock Option Common Stock, par value $0.01 per share	Grant	Acquire A	No	No	2.76	1,086,957	3.00 mm	1,086,957
3 Jan 23	Robinson Ray M	Common stock	Grant	Acquire A	No	No	0	21,277	0.00	67,974
4 Nov 22	Joseph P. Jr. Adams	Common Stock	Payment of exercise	Dispose F	No	No	2.63	99,606	261.96 k	99,606
4 Nov 22	Joseph P. Jr. Adams	Common Stock	Option exercise	Acquire M	No	No	2.18	68,698	149.76 k	68,698
4 Nov 22	Joseph P. Jr. Adams	Common Stock	Option exercise	Acquire M	No	No	1.95	57,538	112.20 k	310,154
4 Nov 22	Joseph P. Jr. Adams	Stock Option Common Stock	Option exercise	Acquire M	No	No	2.18	68,698	149.76 k	0
4 Nov 22	Joseph P. Jr. Adams	Stock Option Common Stock	Option exercise	Acquire M	No	No	1.95	57,538	112.20 k	0